Australian fruit and vegetable supplier Costa Group says it was subjected to a malicious and sophisticated phishing attack in August that resulted in unauthorized access to its servers. The company, listed on the Australian Securities Exchange, says that the attack occurred on Aug. 21.
A Georgia-based cancer testing laboratory has reported to federal regulators a phishing breach affecting the sensitive information of nearly 245,000 individuals. It is the lab's second hacking breach affecting hundreds of thousands of individuals reported over the last six months.
Count Log4Shell among Chinese hackers' favorite vulnerabilities, federal agencies say in a compilation of top exploits used by Beijing for state-sponsored cyber theft and espionage. Chinese state-sponsored hacking remains "one of the largest and most dynamic threats," warn the FBI, NSA and CISA.
Crypto exchange Binance restored operations on its BSC Token Hub smart contract early Friday, hours after a $568.6 million hack. It upgraded the vulnerable contract in a new version and shared plans for potential measures to address this incident and increase security measures.
In the latest weekly update, ISMG editors examine the story of a Maryland couple facing charges for giving military medical records to Russia, the sentencing of a former Seattle tech worker for her massive Capital One hack, and why David Hatfield resigned as co-CEO of cloud security vendor Lacework.
U.S. President Joe Biden will mount the third attempt to normalize commercial trans-Atlantic data flows by signing an executive order implementing privacy safeguards on American intelligence gathering. The order follows nearly two years of negotiations between Brussels and Washington.
Crypto exchange Binance paused its smart contract platform Binance Smart Chain after a hacker exploited an internal verification vulnerability to steal cryptocurrency from its cross-chain bridge. Binance has acknowledged a theft of at least $100 million; PeckShield says hackers stole $586 million.
Made up of 3,000 public utilities, the U.S. power grid has many weak links in its cyber defenses. Regulators can fine utilities for service outages, but a proposed federal program and recent Purdue University study say financial incentives will help firms make the right security investments.
A Baltimore, Maryland-based healthcare organization has agreed to spend nearly $8 million improving and maintaining its data security as "injunctive relief" to settle a class action lawsuit involving two data breaches that affected a total of about 540,000 individuals.
Security operations stalwart Arctic Wolf has taken on more than $400 million in debt to pursue acquisitions in the cloud, SIEM, endpoint and XDR markets. The money will fuel an upcoming launch in the Asia-Pacific region and expansion in markets such as South Africa, Benelux and the Nordics.
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